Equivalent Units and Product Cost Report-FIFO Method Following are the September 2019 charges (and certain annotations) appearing in the work in process account for Empire Company's processing department: Empire uses the FiFo method. Materials are added at the beginning of the process and conversion costs are incurred evenly throughout. Ending work in process is composed of 1,000 units, 60% complete. Compute the following: a. Equivalent units for the direct materials and conversion. b. Cost per equivalent unit or units transferred in and conversion. c. Total cost assigned to the units transferred out